Best Metrics for Transportation and Logistics
In this episode of Best Metrics, host Glenn Dunlap is joined by industry expert Dan Rutherford to navigate the pathways to success in transportation and logistics. Dan shares his insights on the key metrics and strategies for managing liquidity, margins, and asset utilization in this capital-intensive industry. He emphasizes the importance of staying on top of receivables, labor costs, and repair and maintenance expenses while leveraging technology and processes to improve efficiency in a highly competitive market.
Learn more about Peerview Data
Connect with Dan Rutherford
LinkedIn
Anders
Connect with Glenn Dunlap
LinkedIn
Sign up to Earmark to get free CPE for listening to this podcast
https://earmarkcpe.com
Download the Earmark CPE App
Apple: https://apps.apple.com/us/app/earmark-cpe/id1562599728
- (00:00) - Best Metrics for Transportation and Logistics
- (00:26) - Introduction and Welcome Dan Rutherford to the Show
- (01:25) - Spotlight on Anders CPA Group
- (04:55) - Defining Transportation and Logistics
- (06:20) - Financial Analysis in Transportation
- (12:40) - Importance of Liquidity
- (19:01) - The Benefits of Electronic Data Interchange (EDI)
- (19:54) - Analyzing Sales Cycles and Margins
- (23:03) - Key Performance Indicators in Transportation
- (27:41) - Owner Operators vs. Company Assets
- (31:26) - Economic Trends and Transportation
- (36:34) - Where to Find the Benchmarks in This Space
- (37:59) - Financial Management and Client Engagement
- (41:47) - Conclusion and Contact Information
Learn more about Peerview Data
Connect with Dan Rutherford
Anders
Connect with Glenn Dunlap
Sign up to Earmark to get free CPE for listening to this podcast
https://earmarkcpe.com
Download the Earmark CPE App
Apple: https://apps.apple.com/us/app/earmark-cpe/id1562599728
Creators and Guests
Guest
Dan Rutherford, CPA, MBA
Dan spearheads the transportation and logistics division for the VCFO group